1606 Corp. (CBDW) Asset Utilization Ratio (2022 - 2024)

1606 (CBDW) has reported Asset Utilization Ratio for 3 consecutive years, with 0.27 the latest figure, recorded in Q4 2024.

• On a quarterly basis, Asset Utilization Ratio rose 2787.82% year-over-year to 0.27 in Q4 2024; TTM through Dec 2024 was 0.27, a 2787.82% increase from a year earlier, with the FY2024 full-year figure at 0.09, up 976.68% from the prior year.
• Asset Utilization Ratio was 0.27 for Q4 2024 at 1606, up from 0.06 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.58 in Q1 2022 and troughed at 0.01 in Q4 2023.
• A 3-year average of 0.13 and a median of 0.06 in 2024 frame the typical range for Asset Utilization Ratio.
• Across the five-year window, Asset Utilization Ratio tumbled 94.62% in 2023 and jumped 2787.82% in 2024, its largest moves.
• Over 3 years, Asset Utilization Ratio stood at 0.08 in 2022, then sank by 88.52% to 0.01 in 2023, then surged by 2787.82% to 0.27 in 2024.
• The last three Asset Utilization Ratio figures came in at 0.27 (Q4 2024), 0.06 (Q3 2024), and 0.04 (Q2 2024), per Business Quant data.